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Car Insurance Starting at Just ₹4,090* Buy or Renew Online! Comprehensive Coverage, Quick Claims, and Easy Renewal Options.

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An illustration depicting a car insurance theme. A blue car is shown in the foreground with a shield icon containing a checkmark, symbolizing security and protection. In the background, two individuals are shaking hands, suggesting an agreement or transaction, with documents labeled "Aero Insurance" and a cityscape in the distance.

What is Car Insurance?

Definition and Purpose

Car insurance, is a policy that offers financial protection for your vehicle in the event of damage due to accidents, natural disasters, theft, or other unforeseen incidents. Whether you're navigating India's bustling streets or cruising along quieter roads, car insurance ensures you're covered for various contingencies. With a Comprehensive Car Insurance Policy, you gain financial security against potential losses, not only from accidents but also from a wide range of other risks. This type of policy is crucial because it covers: Damages to your own vehicle: This includes repairs or replacement costs due to accidents, fire, theft, or natural calamities. Third-party liabilities: If your vehicle causes damage to another person’s propert

 

 

Features of Two-Wheeler Insurance Policy

FeatureDetails
Car Insurance PremiumPlans start at Rs.4090*
Third-Party LiabilityCovered
Own Damage (OD) CoverAvailable with the Comprehensive Car Policy
No Claim Bonus (NCB)Up to 50% discount for 5 claim-free years
Personal Accident (PA) CoverAvailable. Coverage up to Rs. 15 lakhs for permanent disability/death
Claim SettlementOnline with paperless and cashless experience. Instant claim settlements (within 2 days) for minor damages
Cashless Repair ServiceAvailable at network garages
Buying/RenewalInstant two-wheeler insurance renewal
Paperless ExperienceAvailable

 

Different Types of Car Insurance Policies

It provides financial protection against accidents, theft, and other damages. The availability of policies, features, and add-ons is subject to change.

Third-Party Liability Car Insurance Policy

A Third-party liability insurance is the most basic form of car insurance required by law in India. It covers damages caused to third-party property or injuries to third parties in an accident involving the insured vehicle. Limitations; does not cover damages to your vehicle or injuries to the driver. Note: Third-party car insurance premium rates are revised per the IRDAI circular dated 25 May 2022.

Zero Depreciation Policy (Bumper to Bumper cover)

Zero depreciation cover, also known as nil depreciation cover, ensures that you receive the full claim amount without any deduction for depreciation on the parts replaced. This add-on is available with comprehensive and standalone own-damage policies.

Comprehensive Car Insurance Policy

Standalone own-damage insurance covers damages to your vehicle due to accidents, theft, fire, and other calamities. It is ideal for those who already have third-party liability insurance but need additional coverage for their vehicle

Standalone Own-Damage Insurance Policy

Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line
Feature Third-Party Liability Insurance Comprehensive Car Insurance
Coverage Covers damages to third-party property or injury to third parties. Covers third-party liabilities and own vehicle damage from accidents, theft, fire, and natural disasters.
Legal Requirement ✅ Mandatory under Indian law. Optional, but recommended for broader protection.
Own Vehicle Damage ❌ Not covered. ✅ Covered.
Third-Party Liabilities ✅ Covered. ✅ Covered.
Personal Accident Cover ✅ Included as a separate mandatory cover. ✅ Included, with options to enhance coverage.
Natural Disasters ❌ Not covered. ✅ Covered.
Theft ❌ Not covered. ✅ Covered.
Man-Made Disasters ❌ Not covered. ✅ Covered.
Fire Damage ❌ Not covered. ✅ Covered.
Add-Ons (e.g., Zero Depreciation, Engine Protection) ❌ Not available. ✅ Available.
Premium ✅ Lower. ❌ Higher, due to extensive coverage.
Claim Process ✅ Simpler, as it involves third-party claims only. ❌ More complex, covering a wider range of claims.
Policy Customization ❌ Limited options. ✅ Various customization options through add-ons.
Financial Protection ❌ Basic protection. ✅ Comprehensive financial protection.
Discounts (e.g., No Claim Bonus) Available, but less impactful due to lower premiums. ✅ More impactful, offering substantial premium reductions for claim-free years.

What's Covered Under Comprehensive Car Insurance Policy?

Car Insurance Policy offers extensive protection, ensuring peace of mind on the road. This guide explores the various coverages provided under this policy, including unique aspects that safeguard against unforeseen risks and damages.

What’s Not Covered Under a Car Insurance Policy

Understanding the exclusions of a car insurance policy is crucial for every vehicle owner. While comprehensive car insurance offers extensive protection, there are specific limitations and situations where the policy will not provide coverage. Here’s a detailed look at what is not covered under a typical car insurance policy.

 

Car Insurance Add-on Covers

Add-ons offer additional coverage for your comprehensive car insurance policy. These optional covers provide extra protection and benefits beyond the standard policy. Below are the available add-ons, which you can purchase, subject to availability. You can include or remove these add-ons when renewing your car insurance onlin

Expert Tips to Lower Your Car Insurance Premiums in India

Reducing your car insurance premium involves making informed choices and taking proactive steps to manage your coverage effectively.

Choose The Right Coverage

Evaluate your car’s value and needs carefully to avoid over-insuring, which can unnecessarily increase premiums.

Avoid Making Small Claims

Paying for minor damages out-of-pocket preserves No Claim Bonus, keeping premiums low and affordable.

Renew Your Policy on Time

Always renew your CARinsurance policy before it expires to retain NCB benefits. Delaying renewal by more than 90 days can lead to losing this discount and paying higher premiums.

Compare Insurance Policies

Comparing quotes helps find cost-effective coverage that suits your needs, ensuring maximum value and savings.

Drive Safely

Maintaining a clean driving record earns discounts and No Claim Bonus, reducing insurance costs significantly over time.

Opt for Voluntary Deductible

Voluntary Deductible allows you to choose an amount to pay out of pocket during a claim. Increasing this deductible amount can lower your premium, especially if you expect not to make claims.

How to Raise a Claim for car Insurance Online

You can purchase or renew your car insurance policy online quickly and conveniently by following these straightforward steps:

Tips for a Smooth Claim Process

Be Honest: Provide accurate information. Misrepresentation can lead to claim denial.

Follow Up: Stay in touch with your insurer and follow up on the status of your claim regularly.

Documents Required for Filing a car Insurance Claim Check

When filing a claim under your car insurance, make sure you have the following documents:

  • Driving Licence (DL)
  • Car’s Registration Certificate (RC)
  • Proof of identification of the policyholder
  • Car Insurance Policy
  • Original two-wheeler keys
  • First Information Report (FIR), if required
  • Non-traceable Certificate (If required)
  • Fire brigade report (if lodged)
  • Original repair bills
  • Original payment/cash receipts

Third-Party Car Insurance Price List

In accordance with the notification issued by IRDAI for the financial year 2022-2023, the premium rates applicable to Motor Third-Party Liability Insurance for Private Cars, effective from June 1 2022, are as follows:

ENGINE CUBIC CAPACITY (CC)

THIRD-PARTY PREMIUM PRICE (Rs.)
Less than 1,000cc Rs. 2,094
More than 1,000cc and less than 1,500cc Rs. 3,416
More than 1,500cc Rs. 7,897

Frequently
Asked Questions

Car insurance is a contract between you and an insurance company where you pay a premium and, in return, the insurer agrees to pay for certain car-related financial losses as outlined in your policy.

IDV for your car policy as per your choice (from a range) while buying/renewing your bike insurance policy from us. You can use our two-wheeler insurance calculator for the same. However, keep in mind that setting the correct IDV is essential as it decides the sum insured amount for the policy. Setting it too low can reduce the premium, but the claim amount will be less in case of total loss. Similarly, setting it too high will increase the premium.

  • Yes, car insurance is necessary even if you ride occasionally. It provides financial protection against unexpected events such as accidents, theft, or damage, which can occur regardless of how frequently you ride. Without insurance, you could be personally liable for costly repairs or compensation to others involved in an accident.

    Important information:

    • Insurance provides coverage for accidents and theft, regardless of riding frequency.
    • It ensures financial protection against unexpected expenses.
    • Legal requirements may mandate having insurance even for occasional riders.
  •  
  • If your car is stolen or damaged while parked in a public place, your insurance coverage will depend on the type of policy you have. Comprehensive insurance typically covers theft and damages caused by vandalism or natural disasters. However, if you only have third-party liability insurance, it won't cover theft or damages to your own car . In such cases, filing a police report immediately is crucial for insurance claims.

    Important information:

    • Comprehensive insurance generally covers theft and damage in public places.
    • Third-party liability insurance typically does not cover theft or damage to your car..
    • Timely reporting to the police is essential for insurance claims related to theft.
  •  

After ensuring everyone's safety, exchange information with other drivers, document the scene, and notify your insurance company promptly.

Yes, you can transfer your car insurance policy to the new owner if you sell your fourwheeler. Most insurers allow policy transfer with proper documentation and verification of the new owner's details. It's important to notify your insurer about the sale and transfer request to avoid any lapse in coverage. The new owner will loose their NCB value

Important information:

  • Policy transfer requires proper documentation and verification of the new owner's details.
  • Notification to the insurer about the sale is crucial to avoid coverage lapses.
  • The new owner may need to meet insurer criteria to continue the policy, such as age and riding experience.

To get support, you can reach us through the following channels:

1. Phone: Call us at +91 7800095199 to speak directly with a support representative. Our team is available to assist you during our business hours.

2. Email: You can also email us at Support@aeroinsurance.in. Send your inquiries or concerns via email, and our support team will respond promptly to address your needs.

When contacting us for support, please provide relevant details such as your policy number, contact information, and a clear description of the issue or assistance you require. This information helps us efficiently resolve your query and provide you with the assistance you need. We strive to ensure a seamless support experience and are committed to assisting you effectively.

Δ Insurance policies are available to individuals and businesses meeting our eligibility criteria. Eligibility criteria may include, but are not limited to, residency, age, and vehicle type. The specifics of these criteria will be communicated during the application process. Applicants must provide accurate and complete information during the application process. Any misrepresentation or omission of relevant information may result in policy cancellation or denial of claims. It is the responsibility of the applicant to ensure all details provided are truthful and up-to-date.

° Premiums can be paid through various methods, including credit/debit cards, net banking, and EMI options where applicable. All payments must be made within the specified due dates to avoid policy lapse. Late payments may incur additional fees or result in the termination of the policy. Monthly pricing is available if you choose the EMI option, starting at an interest rate of 15.99% p.a. over a 12-month tenure. Exact pricing will be confirmed by your card issuer, subject to your card issuer’s terms and conditions. EMI payments are designed to make premium payments more manageable over time.

Δ Our policies cover a range of incidents including, but not limited to, theft, accidental damage, and third-party liability. Specific coverage details are outlined in the policy documents provided at the time of purchase. Customers are encouraged to review these documents carefully to understand the extent of their coverage.Customers can opt for additional coverage options, such as zero depreciation, roadside assistance, and engine protection. These add-ons are subject to additional premiums and can be selected at the time of policy purchase or renewal. Each add-on provides specific benefits that enhance the basic coverage of the policy.

° Claims must be reported immediately through our helpline or online portal. Supporting documents and evidence must be provided as required, including but not limited to, police reports, photographs, and repair bills. Timely reporting and submission of accurate documentation can expedite the claims process.Claims will be processed and settled as per the terms outlined in the policy document. Settlement time may vary based on the complexity of the claim and completeness of documentation. Aero Insurance strives to process all claims efficiently and fairly, ensuring customers receive the benefits they are entitled to.

Δ Policies can be canceled within the free look period of 15 days from the date of receipt of the policy document. During this period, customers can review the terms and conditions of their policy and cancel if they are not satisfied. Post the free look period, cancellation terms will apply as per the policy, which may include penalties or reduced refunds.

Δ Refunds will be processed as per the policy terms. The refund amount may be adjusted for any claims paid and administrative charges incurred. Customers should review their policy documents for detailed information on the refund process and any applicable deductions.

° Personal data collected during the application process and throughout the policy term will be used in accordance with our privacy policy. Aero Insurance is committed to protecting customer privacy and ensuring that personal data is secure and used only for legitimate purposes related to policy administration and claims processing. As of now, Aero Insurance does not hold a direct broker license. We operate through Point of Sales (POS) accounts of Policybazaar Insurance Brokers Private Limited, Girnar Insurance Brokers Private Limited, and D2C Insurance Broking Pvt. Ltd. These accounts are registered under the names of our founders and manager. Additionally, we hold individual agent codes from multiple insurance companies, enabling us to provide a wide range of insurance products and services. Customers can be assured of the legitimacy and reliability of the insurance products offered through these partnerships. We may share your data with third-party service providers for policy administration, claims processing, and other related services. These providers are contractually obligated to protect your data and use it only for the purposes specified by Aero Insurance.

Aero Insurance reserves the right to modify these terms and conditions at any time. Updated terms will be posted on our website and will become effective upon posting. Customers are encouraged to review the terms and conditions periodically to stay informed about any changes. For any queries or support, please contact our customer service at +91 7800095199 or email us at support@aeroinsurance.in Our customer service team is available to assist with policy inquiries, claims assistance, and other support needs.

📈12,635 happy insured